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Press Releases

Kiwibank home loan rate changes

10/08/2010

Kiwibank has made changes to a number of its home loan interest rates.

The variable and revolving (floating) rates have increased 0.25% from 5.90% per annum to 6.15% p.a.

The six-month fixed rate has increased 0.25% from 6.10% p.a. to 6.35% p.a. The two-year rate has been reduced 0.30% from 6.99% p.a. to 6.69% p.a.; the three-year rate has been reduced 0.06% from 7.25% p.a. to 7.19% p.a. and the four-year rate reduced 0.10% from 7.55% p.a. to 7.45% p.a.

The changes to fixed rates are effective 11 August. The new floating rates will be effective 11 August for new customers and in two weeks for existing customers.

For further information:
Kiwibank Communications Manager
Bruce Thompson
(04) 460 6831

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